History

Home > Who We Are > History

The Land Bank was created in 2004 to respond to a tax-foreclosure cycle in Genesee County.

 

Michigan had a tax foreclosure process that hopelessly mired tax reverted properties in a legal limbo. This contributed to urban decline in Flint by keeping properties off of the tax roll and out of circulation for up to seven years. In 1999, the Michigan State Legislature created a new, streamlined system for returning tax-reverted properties to productive use (P.A. 123 and a subsequent P.A. 258). This changed the way foreclosed properties were handled by giving outright ownership of these properties to the local County Treasurer after only two and a half years (see Comparison Chart).

With this new process, Michigan opened the door for communities to reclaim, reinvest in and rebuild their neighborhoods. Thus, the Genesee County Land Reutilization Council (LRC) was created 2002. In 2004, after the State of Michigan passed the land bank legislation, the LRC became the Genesee County Land Bank Authority (GCLBA). The GCLBA uses the amended tax law as a constructive community development tool: avoiding the potential neglect or misuse that comes from selling land at auction, the County is able to acquire abandoned land through the foreclosure process and determine the best use of that land. The GCLBA assembles land for transfer to adjacent homeowners, develops long and short-term green spaces, and assembles land for new housing and commercial development. The objective is to restore the integrity of the community by removing dilapidated structures and redeveloping abandoned properties.

tax_law_comp.jpg

MISSION

The Land Bank's mission is to restore value to the community by acquiring, developing and selling vacant and abandoned properties in cooperation with stakeholders who value responsible land ownership.

The Land Bank will be closed Monday, September 4th in observance of Labor Day.                                                                   

E-NEWSLETTER SIGN-UP





Genesee County Land Bank on FacebookGenesee County Land Bank on TwitterGenesee County Land Bank on You Tube

ABOUT USAPPLICATIONS / SEARCH PROPERTIES / NEWSLETTERS

The Genesee County Land Bank is an equal opportunity provider and employer. 

452 S. Saginaw Street, 2nd Floor
Flint, Michigan 48502

PHONE: 810.257.3088
FAX: 810.257.3090